Jeraldine Jellison transfers property into trust, providing that her niece receives income until she reaches age 21.

Jeraldine Jellison transfers property into trust, providing that her niece receives income until she reaches age 21. At that time, the trust is to terminate and the remainder is to pass to a beneficiary to be named by Jeraldine at that time. Which of the following is correct?

Jeraldine has retained cominion and control to asffect the remainder interest.

The ability to name a future beneficiary does not represent dominion and control over trust.

The gift of the remainder interest is complete.

The income interest to Jeraldine’s niece in incomplete.